Visakhapatnam: YSRCP Parliamentary leader, MP Vijayasai Reddy announced that he will launch a new News Channel to counter the group of Ramoji News Channels and News Paper.

Speaking to the media persons on Tuesday at Visakhapatnam Vijayasai Reddy said that he was ready to face the probe of the CBI, ED or even FBI also on the allegations made by the TDP media and TDP leaders on the dispute of the Daspalla lands.

He demanded that if detractors were ready to face a similar probe into their assets. He denied the reports of his involvement in the land dealings in Visakhapatnam; he said that a proper investigation will reveal the truth and he reiterated that he has no properties in Vizag except for a flat in the city.

He also clarified that the lands owned by his son-in-law and daughter are not my assets. They belong to a family which has been running different businesses for the past 40 years in several countries across the world, he added.

The implementation of Supreme Court orders with regard to Daspalla lands would benefit 400 families. Besides, 64 plot owners, including 55 from TDP chief N Chandrababu Naidu’s community, will also be benefitted, he explained.  What is wrong if Supreme Court orders are implemented in Daspalla lands case? The lands in question were removed from 22A as they are not government lands.  In its verdict, the Supreme Court concluded that the lands belonged to Rani Kamala Devi (private party).

Daspalla lands were deleted from 22A as cases were registered against several officials, some of whom are still facing trial, he said. The TDP and its friendly media are spreading venom so as to hamper the interests of people of north Andhra. They are trying to prevent Visakhapatnam from becoming executive capital, he added.